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  • Jul 14, 2014
  • Updated: 3:42pm

Economy of Asia

Asean economies set to double GDP by 2020 says IHS

Rajiv Biswas, Asia-Pacific chief economist at IHS, speaking at a Hong Kong General Chamber of Commerce conference on the outlook for emerging markets in Asia, said: "Asean is experiencing strong growth across the board."

Friday, 3 May, 2013, 4:22am

Talking points

The public gets a chance to listen in on the latest discussions on the development of the West Kowloon Cultural District.

18 Apr 2013 - 3:18am

Cautionary fable from 1994 holds good for China today

If China's new leaders really want to understand the economic challenge they face, they should dig out an essay published in the November 1994 edition of Foreign Affairs magazine by American economics professor Paul Krugman.

27 Nov 2012 - 3:14am 3 comments

Outsized appetite in a finite world

Two months ago, the US Department of Agriculture forecast the biggest corn harvest in history: 376million tonnes. After two months of record heat and drought in the US Midwest, it has dropped its forecast to 274million tonnes. It is now forecasting the price per bushel could go up to US$8.90.

17 Aug 2012 - 1:35am

Tightening seen as deals slow markedly

A year after the government launched a series of measures to ease surging home prices, Hong Kong's housing market has shown tentative signs of slowing in the past month after considerable price inflation since January.

But there are growing concerns that stronger tightening measures may be in the offing.

11 Jun 2012 - 12:00am

Wary applause as China's trade soars in May

China's exports and imports increased sharply in May but economists said the encouraging data did not signal a turnaround for the slowing economy.

11 Jun 2012 - 12:00am

Tsang's warnings are on the money

Hong Kong's property market has come through some turbulent times since the handover - the Asian financial crisis, the Sars outbreak and the global financial crisis. Many people still have painful memories of years of struggle to emerge from negative equity in their properties after the first two events.

10 Jun 2012 - 12:00am

Diamond dealers look to the east

Hong Kong has become a major export destination for the Israeli diamond industry, which is turning its attention to Asian markets, according to Michal Gordon-Keret, managing director of Israel Diamond Institute (IDI) Asia-Pacific, which provides information and contacts for Israeli diamond companies.

26 Apr 2012 - 12:00am

Vice-premier confident over growth

In a bid to defy doomsayers' predictions that the days of China's booming economy are coming to an end, Vice-Premier Li Keqiang said yesterday the country had the ability to maintain stable, relatively fast economic growth over the long run.

His comments were made during the opening ceremony of the 2012 Boao Forum for Asia on the southern resort island of Hainan .

3 Apr 2012 - 12:00am

Canary in China's coal mine stopped singing in January

Interpreting January's economic data from China is always tricky. There are too many distortions around the Lunar New Year holidays to draw conclusions with any confidence.

Even so, some of the numbers that have emerged over the last week are sufficiently ugly to have analysts seriously worried.

13 Feb 2012 - 12:00am